Barco and ETC announced that they are in the midst of serious discussions wherein ETC would acquire High End Systems, Barco\u2019s lighting activities, part of the Entertainment division. Both parties are committed to moving forward with a successful transaction<\/strong><\/em> Barco and ETC announced that they are in the midst of serious discussions wherein ETC would acquire High End Systems, Barco\u2019s lighting activities, part of the Entertainment division. Both parties…<\/p>\n","protected":false},"author":3,"featured_media":23748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2497],"tags":[2810],"yoast_head":"\n
\nOnly the direct words of the protagonists can restore the correct meaning of a news like this.
\nWim Buyens, Senior Vice President of Barco<\/a>\u2019s Entertainment division<\/a><\/strong>, commented: \u201cFor Barco<\/a>,<\/strong> the envisioned divestment of its lighting activities is in line with its strategy to sharpen the focus on its core activities. We believe joining forces with ETC<\/a><\/strong> would enable High End Systems<\/a><\/strong> to realize its full business potential, while providing ongoing support and opportunity development for its customers, and we appreciate ETC<\/strong><\/a>\u2019s commitment to maintain High End\u2019s operations in Austin<\/strong> and fully support the development of High End<\/strong><\/a>\u2019s products.\u201d
\nFred Foster, ETC<\/a> CEO<\/strong> also commented: \u201cETC<\/a><\/strong> has been executing a strategy to grow our company. We want to offer our employee-owners opportunities for greater personal success and continue to give our customers innovative products and services. We see adding HES<\/a><\/strong> to the ETC<\/a><\/strong> family as an opportunity for both of those things. High End<\/strong> products like the Sola family<\/a><\/strong> of LED automated fixtures, Wholehog consoles<\/a><\/strong>, and Axon media servers<\/a><\/strong> are innovative tools for the live-events industry. Our intention is to make the investments needed in order to restore High End brand<\/a><\/strong> to market-leader status.\u201d
\nThe conclusion of Fred Foster<\/strong> is very optimistic: \u201cBoth companies have similar core values when it comes to innovation and I know working together will be a great success.\u201d
\nwww.barco.com\/it<\/a>
\nwww.etcconnect.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"